Tuesday, May 26, 2009

Uh oh for gold - Minyanville's "Mr. T indicator" bearish signal again?!

"Mr. T" sang the anthem at a game yesterday, covered by O'Reilly tonight on Fox. If you don't already know Minyanville's "Mr. T" indicator, go to Minyanville and check it out (their site in list at right). I thought gold was off today because Chris Carolan's Solunar chart for gold was edging out ChartesEdge's cycle chart for this week. But now I know it's Mr. T.

We'll keep an eye on to see if it means just a minor top, or something more bearish!

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